Daniel Cohen Acquires Development Site At 81 Clay Street Brooklyn For $2.7 Million

The property involved in this transaction is a development site located at 81 Clay Street in Brooklyn. The sale price for this asset was $2,700,000, and it has a built square footage (BSF) of 7,500, which results in a price per built square foot (PPBSF) of $360. The site also has a total square footage (SF) of 2,500, leading to a price per square foot (PPSF) of $1,080.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,700,000
• Address: 81 Clay Street
• Market: Brooklyn
• Built Square Footage: 7,500
• Price Per Built Square Foot: $360
• Total Square Footage: 2,500
• Price Per Square Foot: $1,080
• Buyer: Daniel Cohen
• Brokers: Ceasar Salama & Izack Lati - KSR

The deal was facilitated by brokers Ceasar Salama and Izack Lati, who represented the buyer, Daniel Cohen, throughout the transaction process. Their involvement played a crucial role in the negotiation and execution of the property transfer, ensuring that all required processes were efficiently managed.